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Tag Archives: Cyprus

Luxembourg, Ireland, Netherlands among worst tax havens

A report published by the charity non-governmental organization OXFAM exposes the worst offenders in the ‘race to the bottom on corporate tax.’ Luxembourg, Ireland, Cyprus, and the Netherlands are among the world’s 10 worst tax havens, despite an ongoing EU crackdown on tax avoidance and profit shifting across the bloc. …

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Four US presidents in Greece: No issue solved and everything remains the same

Barack Obama is the fourth American president visiting Greece after Dwight D. Eisenhower in 1959, George W. Bush in 1991 and Bill Clinton in 1999. From the Cold War to the present day, the Greek governments hope for a statement by each American president that can give the much needed …

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Remains of 16 Greek “Noratlas” soldiers shot down in Cyprus return home after 42 years

Forty two years after Greek air-force transporter Nord Noratlas “Niki 4” was shot down by friendly fire in Cyprus, the remains of 16 commandos returned home. In an emotionally laden ceremony, the remains in coffins, draped with Greek and Cypriot flags and with a laurel wreath, were handed over to …

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Austria narrowly escapes a far-right President #phew

European Union member-state Austria narrowly escaped a far-right president: independent candidate Alexander Van der Bellen has won Austria’s presidential election, preventing Norbert Hofer from becoming the EU’s first far-right head of state. A thriller of voting results on Sunday had Hofer leading narrowly the race with 51.9% and 48.1% for …

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Parama Papers: 400 Greeks, 223 offshore companies

The International Consortium of Investigative Journalists published on Monday the names of thousands of offshore companies and their owners, a data base of 214,000 entities set up in 21 jurisdictions. The leaks contain corporate information about trusts, funds, companies and stakeholder names. The latest Offshore Leaks by ICIJ have uploaded …

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Greece, Israel & Cyprus sign “historical” Cooperation Agreement on Energy

Greek Prime Minister Alexis Tsipras, Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nikos Anastasiades came together to Nicosia and signed a joint cooperation declaration that has been hailed by the three leaders as “historical”.  The three leaders pledged closer cooperation in seven fields: energy, tourism, research and technology, environment, …

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Greece-Egypt-Cyprus Tripartite Summit declaration

A third Trilateral Summit between Greece, Egypt and Cyprus in Athens on Wednesday effectively solidified the foundations of the cooperation between the neighboring countries in the years to come. “Our 3rd Trilateral Summit underlines our well-established and continuous tripartite partnership aiming at promoting peace, stability, security and prosperity in the …

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Obama calls Tsipras, talks about Refugee & Debt crisis, Cyprus

Us President Barack Obama had a phone conversation with Greek Prime Minister Alexis Tsipras on Thursday.According to a White House press release, Obama called Tsipras to congratulate him for his Elections success on September 20th. The two leaders discussed Greece’s reforms to achieve debt sustainability, the Syrian refugee crisis, and …

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